Balance sheet

CHF million	Note	Dec. 31, 2022	Dec. 31, 2021
Assets
Property, plant and equipment	26	739	766
Right-of-use assets	27	1,418	1,409
Goodwill	28	2,199	2,290
Other intangibles	28	180	247
Investments in joint ventures and associates		37	31
Deferred tax assets	24	220	226
Non-current assets		4,793	4,969
Prepayments		112	146
Contract assets	29	540	693
Trade receivables	29	5,291	6,404
Other receivables	30	215	113
Income tax receivables		22	20
Cash and cash equivalents	31	3,778	2,305
Current assets		9,958	9,681
Total assets		14,751	14,650

CHF million	Note	Dec. 31, 2022	Dec. 31, 2021
Liabilities and equity
Share capital		121	121
Reserves and retained earnings		1,375	1,051
Earnings		2,644	2,032
Equity attributable to the equity holders of the parent company		4,140	3,204
Non-controlling interests		7	7
Equity	32	4,147	3,211
Provisions for pension plans and severance payments	33	252	379
Deferred tax liabilities	24	98	136
Borrowings	35	200	200
Non-current provisions	36	59	44
Other non-current liabilities	38	1,159	1,311
Non-current lease liabilities	27	1,026	1,053
Non-current liabilities		2,794	3,123
Bank and other interest-bearing liabilities	35	8	205
Trade payables	37	2,731	2,994
Contract liabilities	37	280	223
Accrued trade expenses	37	1,976	2,200
Income tax liabilities		493	440
Current provisions	36	118	91
Other current liabilities	39	1,738	1,732
Current lease liabilities	27	466	431
Current liabilities		7,810	8,316
Total liabilities and equity		14,751	14,650

Annual Report 2022